date:Sep 11, 2013
which Tesco, the United Kingdom-based company that operates Fresh Easy, plans to exit the U.S. completely, a company spokesman told SN. In a statement, Tesco said it would loan the buisness about $125 million, and said its total cash outlay for the exit would not exceed about $236 million.
Tesco began opening the small-format Fresh Easy stores in mid-2007. The deal will also include the distribution and food production facilities Fresh Easy operates in Riverside, Calif., which Yucaipa said i